College – Issue 44

Financial update for the year ending 31 January 2024

School Operations $m

Consolidated Entity $m

Financial Performance 2024

Foundation $m

Revenue

23.4

7.1

30.5

Expenditure

(27.5)

(0.4)

(27.9)

Trading result pre Foundation allocation

(4.1)

6.7

2.6

Foundation allocation

3.0 (1.1)

(3.0)

0.0 2.6

Trading Result

3.7

One-off net gains Surplus for the year

3.4 2.3

(0.6)

2.8 5.4

3.1

School Operations $m

Consolidated Entity $m

Financial Performance 2023

Foundation $m

Revenue

21.8

1.9

23.7

Expenditure

(25.0)

(3.2) (1.3)

(28.2)

Trading result pre Foundation allocation

(3.2)

(4.5)

Foundation allocation

3.0

(3.0) (4.3)

0.0

Trading Result

(0.2)

(4.5)

One-off net gains Surplus for the year

0.0

1.3

1.3

(0.2)

(3.0)

(3.2)

8

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